LDK Solar Co., Ltd. (LDK), a vertically integrated manufacturer of photovoltaic products, reported a narrower fourth-quarter net loss available to shareholders of $517.0 million, or $3.68 per ADS, compared with a $588.7 million, or $4.63 per ADS loss a year ago.
Net sales of $135.9 million for the fourth quarter of fiscal 2012, were significantly lower than last year's $420.2 million. Further, the company has shipped 184.7 megawatts or MW of wafers, 69.1 MW of cells and modules in the fourth quarter.
For the first quarter of fiscal 2013, LDK Solar estimates its revenue to be in the range of $80 million to $100 million, wafer shipments between 260 MW and 270 MW and cell and module shipments between 30 MW and 40 MW.
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